Category: Latest News
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Crypto Weekly Newsletter
Crypto and Macro Weekly Recap Last week, US equity markets outshined cryptocurrencies as Ether (ETH) experienced a slight decline of 1.1% and Bitcoin dipped by 3.5%. In contrast, the US stock market witnessed gains, with the NASDAQ index rising by 2.0% and the S&P 500 climbing by 1.8%. The European top 600 stocks index closed…
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US Futures Slip, European Stocks Mixed
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average declined 0.1% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.1% in morning trading. Samhaellsbyggnadsbolaget rose 11.5% and Industria Diseno Textil climbed 5.2%. On the…
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Top Company News of the Day: GE, ChatGPT, CNN, PGA Tour
U.S. Nears Deal to Produce GE Jet-Fighter Engine in India The two nations are working to meet the threat from China and reduce New Delhi’s dependence on Russia for military equipment. The Global Brands Coming to a Mall Near You American consumers have long been renowned for their spending power. Now global retailers want a…
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U.S. Stocks Close Modestly Higher Following Another Choppy Session
Stocks showed a lack of direction over the course of the trading day on Tuesday, extending the lackluster performance seen in the previous session. The major averages once again spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day in positive territory. The Nasdaq climbed 46.99 points…
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Crypto this Tuesday: SEC Sues Coinbase, Swift and Chainlink Join Forces, and More
Coinbase shares drop after SEC legal actions Shares in Coinbase Global Inc (NASDAQ:COIN) are down more than 11% at press time on June 6, as the cryptocurrency exchange is the subject of legal action by the SEC, which alleges unregistered operations. SEC Chairman Gary Gensler commented: “ Coinbase’s alleged flaws deprive investors of critical protections, including rulebooks…
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Wall Street assessment is that Apple Vision Pro is expensive, stock moves lower
Apple (NASDAQ:AAPL) unveiled its long-awaited mixed reality headset on Monday, capping more than seven years of development and ushering the company into a market that could one day transform computing — at least that’s what it hopes. The device, called the Apple Vision Pro, was unveiled at Apple’s Worldwide Developers Conference in Cupertino, Calif., ending…
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Choppy Trading May Persist On Wall Street
US Market The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to extend the lackluster performance seen in the previous session. Traders may remain reluctant to make significant moves as they continue to look ahead to next week’s Federal Reserve meeting. The Fed is due to…
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Tuesday’s Wall Street Highlights: Gitlab, Zura Bio, Thor Industries, Unity Software, and more
US Index Futures pull back as investors pick up on a raft of weak economic indicators in Europe. Ore extends gains, but oil is traded in decline, without extending the momentum seen after the commitment to cut supply by Saudi Arabia. The drop in oil prices has weighed on energy stocks and Apple is on track to…
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North American Morning Briefing: Stock Futures Struggle for Direction
Market Wraps Watch For: Canada Building Permits for April Today’s Headlines/Must Reads – This Rally Is All About a Few Star Stocks. Some Investors Are Worried. – Commercial Property Faces Big Interest-Only-Loan Bill – Analysis: Apple’s Augmented Reality Faces Real Questions – Major Dam Blown Up in Russian-Occupied Ukraine Opening Call: Markets displayed a cautious…
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US Futures Flat, European Stocks Mixed
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average fell 0.1% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Idorsia added 11.5% and Uniper rose 6.2%. On the other hand, Viaplay…